November 27, 2012

Intraday View For 27/11/12

Nifty: Resistance 5647-55/5669/5697
          Support 5630/5605/5576/5550


Nifty opened flat & remain in a narrow 15-20 pts range for the day. Today nifty may see a marginal +ve opening inline with Asian markets. Intraday, Nifty needs to sustain above 5647, on upside to head towards 5697-5720 zone. On lower side, Nifty has a good intraday support @ 5630. Breach & break below this zone, Nifty may see some selling pressure towards 5605-5576.
Overall, without any cues, Nifty may remain in a range.

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